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20130113
20130121
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KGO (ABC) 23
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English 23
Search Results 0 to 22 of about 23 (some duplicates have been removed)
for new jobs, new opportunities and new security for the middle class. right now, our economy is growing. and our businesses are creating new jobs. so, we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. as i said on the campaign, one component to growing our economy and broadening opportunities for the middle class is shrinking deficits in a balanced and responsible way. and for nearly two years now, i have been fighting for such a plan. one that would reduce our deficits by $4 trillion over the next decades. which would stabilize our debt and deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy but it would make it manageable so that it does not crowd out the investments we need to make in people, education, job training, science, medical research. step by step, we made progress towards that goal. over the past two years, i have signed into law about $1.4 trillion in spending cuts. two w
tomorrow? >> there's atmospheric differences. we had an economy collapsing all around us and he was a first term president and still putting together his team and agenda and cabinet and still the economy is too weak but recovering and the question is right now building on that as opposed to simply trying to stem the bleeding. there's a big difference and i think the experience of the office, as you know, you know, that helps a lot and so i think he does have even more sure-footedness in his approach. >> it can become a bit of a burden. historians write about the second term curse and i know you and your team spent a lot of time studying how to avoid that. what's the key? >> well, i think, listen, if you look at president clinton's second term, he made significant progress on balanced budgets and ronald reagan accomplished tax reforms. >> even if they're dealing with other problems. >> and we have been fortunate to be scandal-free and we want to continue that, but if you look, it's not like we're roaming around the west wing looking for things to do. right now in front of congress and the co
congress to act now on raising the debt ceiling or face an economy that could go haywire in a few months. the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vi
and about the economy. this suggests to me the administration can and will go forward with the big negotiation, with the big proposal, and the real question is, can we come up with an approach that's enough for the iranians, and not too much for the united states and the israelis? can we, if you will, park the iranian program out of place that sufficiently far from nuclear weapons status that we can live with it. i don't know, but we want to find out. is either of the alternatives going to war against iran or living within iran that has nuclear weapons are extraordinary unattractive and costly alternatives, so we want to do everything we can to see whether we can come up with a solution through negotiations. >> martha, we're just about out of time, but as we're talking about iran's nuclear program, we're learning that north korea may be planning another nuclear attack. >> yep, there are a lot of signs. i spoke to a u.s. official there, a lot of signs that north korea is planning another test. there are trucks in the area but one of the things is they're doing this very conspicuousl
years. the city had high hopes this would be a boost to the economy but passengers are rerouted through san jose's biggest competitor. sso, which is indefinite. no estimate on when the planes will possibly be flying again. live from shows for abc7 news. >> thank you very much, amy. >> at two safety meetings a closer look at the collision of a tanker at the bay bridge, "overseas raymar" which scraped against the tower. the bar pilot changed course at the last minute passing under the bridge near treasure island under foggy conditions. the san francisco manner exchange will look at fog rules. the federal investigators say it could take months to determine the true cause. >> governor brown will attend a uc board of regents meeting to discussion the proposed budget and the impact on uc wanting to keep further tuition or fee increases off the agenda. university of california schools will get plenty of financial help from taxpayers after voters approves proposition 30. he wants more teaching, less research, and more students accepted from community colleges. >> san francisco's law banning pub
and partnering with things that are made in the usa. it's going to be just enormous for our economy. >> it's the largest company in world's history, walmart. they sell more food than -- food -- than any company in the world. >> i had no idea. >> that's how massive it is. 1.6 million employees. >> i think this could really make a difference in our economy. we need it. >>> all right. coming up, what happens when two retirees head to prison with their knitting kits. >> we'll show you those doing hard time with needles and yarn. you can't miss that. stay tuned. you're watching "world news now." stay tuned. you're watching "world news now." ♪ >>> good musical choice, huh? good musical choice. >> good stuff. all right. when you think about criminals serving time behind bars, you probably figure they're pumping iron or shooting hoops. >> and knitting is probably the last thing that comes to mind. two retirees are turning convicts into converts with yarn. here's abc's t.j. winnick with more. >> reporter: barbed wire fences, watchman towers, and a group of men with felony convictions. >> armed ki
.s. economy is, quote, not yet out of the woods. the nation's top banker says avoiding the fiscal cliff was good, especially since the alternative would have probably been another recession. but he says there's more work ahead, such as raising the debt ceiling so the government can pay its bills. >>> coca-cola is running spots on cable television that say it's doing its part on obesity. the ads point out that more than one-fourth of its beverages are low-calorie. and burning off the 180 calories from a can of coke can be fun. critics say the commercials minimize the issue and are just damage control. >>> apple is on fire over its stock slump. shares are down to about $500, off almost one-third since last september. the stock peaked at more than $700 when the iphone 5 was announced. sales of the phone are pretty weak, putting pressure on apple to develop a cheaper version. >>> and another darling of silicon valley is promising a big announcement today. but facebook isn't saying exactly what all this is about. most observers think it has something to do with internet searches, going head-
economy, is signaling they're on board, announcing today they'll spend $50 billion over ten years on new products all made right here at home. so, how many jobs could that be? our made in america captain is back, david muir, on the case. david? >> reporter: that's right, diane. walmart now the latest and largest retailer to say, in essence, wait a minute. while the math of making things overseas made a lot of sense, it doesn't always add up now. and economists arguing their move today was about far more than just p.r. tonight, walmart with that bold promise. buying an additional $50 billion in goods to sell, made in america over the next decade. it comes after years of criticism that walmart doesn't pay enough in wages and that the company sells too many products overseas. critics arguing that's how they keep their prices so low. we asked walmart shoppers to check the labels today. it didn't take long. maria small and her new blouse -- >> made in china. >> reporter: this couple and their new stool. >> made in china. >> reporter: but today, walmart u.s. was adamant, saying two-thirds of w
. officials were very excited of the potential boost to the economy. four flights have left san jose if japan since friday. now flights have been canceled. the status for the passengers is to be determineed. mineta said he needed to get back on saturday in time for president obama's inauguration. the f.a.a. is now inspecting the new 787's. >> president obama this morning will reveal new gun proposals in the wake of the sandy hook elementary school making the announcement before 9:00 our time, and he will be joined by children who wrote letters. we will find out exactly what the president proposes and how his daughters are part of the debate. developing news from san jose where police are senatorring for a man who reportedly tried to pull a toddler from her mother's arms as mom stood in front of the home at 5:30 last night on dayo court. the mother said the stranger made a comment about the toddler and that made her uncomfortable so she picked up the child and the man grabbed the girl's legs and tried to put her arm. mom broke free and called police. the suspect is described as hispanic, 20 to
the economy at rigs being. boeing fell 2% in after hours trading after faa grounded dream liners. and apple stock went up 4%. >> a veteran actor spent golden years here in the bay area has died. he was best known for the role in "diff'rent strokes", playing a wealthy white widower raising two sons of his african american housekeeper. a native of canada he had a long career in the movies and stage a cording to his daughter he died at home in livermore. conrad bain >>> a coalition of consumer groups is asking the federal government to take a look at the lending practices of san francisco based wells fargo bank. >> that is right. they're concerned about a program they claim is like a pay day loan product. >> michael finney is here now with a story of a woman comparing her experience to a debt trap. >> yes this, wells fargo prefers to call the program a direct deposit advance, charging 1 path $50 for every $20 borrowed. your loan must be paid in full when the next check arrives. the fee on the loan is equivalent of a percentage rate of 108%. a 30 day loan, 91%. annette smith of rockland needed
401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficu
is a bundle of joy for california's economy. a future worker. a future taxpayer, and a future buyer for your home. trouble is, there aren't enough women having babies. that spells potential crisis for the future of the state. >> i want to get married, have a career, all these things. most of my friends feel the same way. i think our generation wants to wait longer. we don't really see ourselves with kids in our 20s. >> maybe it's the economy. people with making sure they have enough for themselves first. >> we peaked in california in 1990. >> reporter: dell myers from usc sees a convergence of troubling trends. on top of a declining birthrate, there is a growing senior population. that means a shortage of doctors and caregivers in the supply pipeline to serve the aging. >> basically, there's almost twice as many seniors now per working-age person, or there will will, than tha there have been traditionally. >> reporter: aggravating factors are declining education opportunities and a higher cost of living in california. fewer people are coming to the state, including undocumented workers. myer
on the president's new national security team and his point man to fix the economy. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> coming up next, a huge turnout, perhaps the biggest ever, for a bay area gun show. why so many people are stocking up. and later, more flu concerns as worries the flu continues to spread and vaccines run alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pil
point man on the economy. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> coming up next, a huge turnout, perhaps the biggest ever, for a bay area gun show. why so many people are stocking up. and later, more flu concerns as worries the flu continues to spread and vaccines run low all over the country. >> >>> huge lines and long waits for ammunition and guns are expected again today at the crossroads of the west gun show. it's in daly city. abc7 news reporter thomas ramon was there yesterday and has a look at the crowds at the cow palace. >> i cannot believe the number of people and cars. >> he is as shocked at the turnout as the organizers of the gun show at the cow palace. thousands came to daly city, many for the same reason and same concern. jalen just bought an ar-15 assault rifle. >> we need to get them now before they take them away. >> did you just buy this? >> i have three at home. this is the fourth. >> there's like 500 people in line just to get ammunition. >> many say the reason for the huge turnout and the discussion going on in wa
central to the rural economy of ireland. one burger tested was 33 percent horse meat. >> you heard jimmy joking about the flu season, though, really is in high gear and doctors are urging everyone to get a flu shop. why pregnant women concerned about the vaccine safety can breathe easier. >> and the body-hugging jeans with a twist, the denim that leaves you with a boost long after you have taken them off and silky >> across the country, president obama's proposed ban on new assault weapons and high capacity clips has struck a nerve among those who make the laws and those who enforce them. recently, lawmakers in texas, wyoming, missouri, and tennessee have rushed to introduce legislation to preempt the president's proposal. sheriffs in oregon and kentucky are refusing to enforce any new gun laws but the power to defy federal law are limited and the rhetoric is simply political posturing. >> if you drink a popular juice to prevent health disease or treat prostate cancer, the federal trade commission says you could waste your time ruling that there were deceptive ads over a juice that said
, versus ten four years ago. all after an expensive campaign, a tough economy and four years. >> just the moment that that was for the country, the first african-american president. and it was new for everyone. but you know what? there still is a level of excitement despite the numbers. >> as we move down pennsylvania avenue. >> reporter: already fortress d.c. is taking shape, a lockdown, as the president talks to historians about hitting the right tones in what will be his last inaugural address. despite the fact this is going to be a much smaller affair, it's going to be a lot of excitement, as anita mcbride said. the number of people, nearly double who came to the second inaugural for president bush and president clinton. >> still, that remarkable drop-off from the last time. david kerley, thank you very much. stay warm. >>> and our special coverage of the inauguration starts tomorrow on "gma." and abc news live coverage of the ceremony on monday, starts at 7:00 eastern, with george stephanopoulos and josh elliott co-anchoring. >> busy monday morning. >>> we're going to switch gear
it was in january, twine, the president is still struggling with the slow economy, high unemployment and voters lack of trust and confidence in washington. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> before the hard work of the second term begins, the obamas will squeeze in a little bit of sun. in 2009 the president and first lady had a whirlwind night on the town. ten inaugural balls. this year there are just two official balls. one is expected to draw more than 35,000. they will groove to the sounds of smoky robinson, usher, and brad paisley. >> and i like a good party. >> but it could be an early night. the president has a job to do the next day. >> it's been a busy and productive four years. i expect the same for the next four years. >> karen traverse, abc news, washington. >> our coverage of the inauguration begins monday at 4:00 a.m. with a special edition of good morning america. we will also have live streaming coverage at abc7 news.com starting at 6:30 monday morning. >>>
, 2009, the president is still struggling with the slow economy, high unemployment and voters' lack of trust and confidence in washington. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> before the hard work of the second term begins, the obamas will squeeze in a little bit of fun. in 2009 the president and first lady had a whirlwind night on the town. ten inaugural balls. this year there are just two official balls. one is expected to draw more than 35,000. ♪ they will groove to the sounds of katie perry, smoky robinson, usher, and brad paisley. >> and i like a good party. >> but it could be an early night. the president has a job to do the next day. >> it's been a busy and productive four years. i expect the same for the next four years. >> karen traverse, abc news, washington. >> our coverage of the inauguration begins monday at 4:00 a.m. with a special edition of good morning america. we will also have live streaming coverage at abc7 news.com starting at 6:30 mo
different causes. it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner. >>> five were injured in three separate accidental shootings at gun shows on saturday. people were forced to run for cover after two bystanders were hurt at a show in north carolina when a shotgun discharged as its owner took the gun out of the case. the other incidents were in ohio and indiana. none of the injuries is life-threatening though. >>> new details this morning about that u.s. navy ship that ran aground on a coral reef in the philippines. the navy says the "uss guardian minesweeper" was using a faulty map that had the reef in the wrong spot. all 79 officers and crew have now left
. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins us live.
the full impact. >>> and a troubling sign for the economy and the financial security for millions of americans. a new report showing that more than one-quarter of american workers are dipping into their 401(k) plans to pay their bills. a major increase from just a few years ago. among workers in their 40s, in fact, that number is even higher. it stands at roughly one in three. >>> and a scare for tennis star serena williams, this morning, chasing a ball in the first set of the australian open here. she actually will fall and stay down for several minutes. but after getting her ankle taped, she was able to bounce back and easily win a first-round match. >>> now, a heartwarming end to what we saw at the top of the show. a frightening scene. fans rushing the court after north carolina state pulled a big win over duke. we are going to zoom in, however. you see there, a young fan in a wheelchair at the front of the crowd. actually recording everything from his perspective. you can see him eventually pushed to the floor. he gets lost in this stampede. obviously, a terrifying moment. he'
of his involvement in doping. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn children. >>> and a remarkable story, now, from that helicopter crash in central london just yesterday. the helicopter clipped a construction crane, burst into flames, killing two people, injuring more than a dozen in the process. but the two crane workers survived. why? because they both overslept for the first time in years and were late getting to work. >>> and finally, something of a controversy at subway. a growing movement, now, online has people getting out their measuring tapes showing that the sandwich chain's famous foot-long sub actually falls one inch short. >> oh, no. >>
Search Results 0 to 22 of about 23 (some duplicates have been removed)